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NachoTuesday
The World of Alternative Business Financing

Airel Blum
Airel Blum
CEO, Receive
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NachoTuesday Webinar, Tuesday
September 17, 2024

Webinar summary

In this NachoTuesday webinar, Ariel, the founder of Receive, introduces their platform designed to revolutionize how small businesses access liquidity and manage their finances through alternative financing. Receive leverages data and technology to offer innovative solutions beyond traditional banking, focusing on providing businesses with spending power in real-time based on their sales data from platforms like Shopify, Amazon, and Stripe. By connecting various business accounts, Receive aims to offer a more flexible and business-friendly approach to financing, moving away from sole reliance on credit scores and potentially eliminating APRs.

Key Talking Points:

  • Receive Offers Alternative Financing Solutions for Small Businesses: By analyzing sales data from connected platforms, Receive provides businesses with immediate spending power, offering a dynamic and real-time approach to accessing liquidity.
  • The Platform Aims to Democratize Finance and Challenge Traditional Norms: Receive seeks to provide small businesses with more accessible and business-friendly financing options, moving beyond traditional credit assessments and exploring alternatives to APRs.
  • Embedded Finance and a Focus on Customer Experience are Key Trends: Integrating financial services directly into existing business platforms and prioritizing a seamless and supportive user experience are crucial for modern financial solutions.
See full video transcript

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